by Troy Sacco

Sarasota County Market Report: October 2026

Covers September 2026 data. I name each report for the month it's released; RASM's data runs about a month behind.

The story

Homes sold faster, and closer to asking price, than a year ago, even with the 30-year fixed at 7.40% (Freddie Mac, Oct 15, 2026) vs 6.27% a year earlier.

The numbers (September 2026 vs September 2025)

Single-Family

Median sale price: $485,000 (+7.8%)
Closed sales: 681 (+5.4%)
Median days to contract: 51 (was 64)
Active listings: 2,629 (-16.2%)
Months of supply: 3.7 (was 4.8)
% of original list price: 94.3% (was 92.2%)

Condo/Townhome

Median sale price: $335,000 (+6.3%)
Closed sales: 309 (+34.3%)
Median days to contract: 77 (was 108)
Active listings: 1,601 (-12.0%)
Months of supply: 4.9 (was 6.8)
% of original list price: 93.0% (was 88.3%)

$1M+ Luxury

Median sale price: $1,858,780 (+25.7%)
Closed sales: 145 (+45%)
Median days to contract: 65 (no change)
Active listings: 849 (-8.4%)
Months of supply: 6.2 (was 7.8)
% of original list price: 93.4% (was 90.2%)

Sources: RASM September 2026 Sarasota County statistics (released Oct 16, 2026); Freddie Mac PMMS, Oct 15, 2026; $1M+ from Stellar MLS, Sept 2026 vs Sept 2025.

What it means for buyers

Well-priced single-family homes went under contract in about 51 days. Decide your must-haves before you tour.
Condos have 4.9 months of supply, so you have time to compare, but sales are up 34.3%.
With rates at 7.40%, run your monthly payment before you fall for a home.

What it means for sellers

Single-family sellers got 94.3% of original list price in September. Price it right from day one.
Fewer listings (single-family active down 16.2%) helps a well-prepared home stand out.

One band worth watching: $1M+

Luxury closed sales were 145, up 45%, with a median price of $1,858,780. There are still 6.2 months of supply and a median 65 days to contract, so buyers can be selective. A median reflects which homes sold, so it doesn't mean every home rose that much. Casey Key draws buyers for privacy and water access, Siesta Key for walkability to the beach, and Venice Island for its historic downtown.